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Last updated 10:23PM ET
March 7, 2021
Alabama
Alabama
Trade with Cuba Continues
(2007-11-06)
(APR - Alabama Public Radio ) - Cuba is pledging to sign nearly 450 million dollars in contracts with firms from the United States and other countries.

Less than two weeks after President Bush asked lawmakers to renew a 45-year economic embargo against the Communist-run island, Cuban officials are touting their annual trade fair as proof that the policy has failed.

The U.S. embargo chokes off nearly all trade between both countries. But a law passed by the U.S. Congress in 2000 allows American food to be sold directly to the island on a cash basis.

Nearly 1,000 companies from 53 countries displayed products at the gathering, which runs in Havana until Saturday.

Alabama State Port Authority representative Maria Conchita Mendez expects the embargo to end soon - regardless of who becomes the next U.S. president. She said there is more to Cuba than the politics. Mendez said the island nation offers a lot of economic opportunity.

(Copyright 2007 by The Associated Press. All Rights Reserved.)
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